Business News

The Federal Reserve is aboutto make a momentous decision that should not be taken lightly. The central bank is widely expected to announce the start of a reduction in its $4.4 trillion balance sheet at the conclusion of ...

Giant tech companies face being charged on turnover not profits EU leaders have agreed to make "swift" progress on raising the tax bills for digital giants such as Google and Facebook, despite warnings from smaller state...

Thomson Reuters In July 2015, Evgeny "Gene" Freidman — New York City's one-time "Taxi King" —filed for Chapter 11 bankruptcy protectionfor 22 of his companies after defaulting on a $34 million loan from Citibank. Tho...

Ronald Reagan Presidential Library During the Cold War, Ronald Reagan frequently repeated the Russian proverb: “trust but verify.” It’s a catchphrase that can as readily be applied to current investor behavior – ...

Apple recently announced its shiny new iPhone 8, iPhone 8 Plus, and iPhone X on Tuesday, and they bring new features and faster performance than any previous iPhone. However, I'm here to tell you that you that Apple is s...

Amazon is finding a friend at the Federal Trade Commission, even though founder Jeff Bezos is not thought to be on good terms with President Trump. Interim FTC Chair Maureen Ohlhausen, speaking last week at a Georgetown ...

Apple set a new pricing bar for ultra-premium smartphones with the iPhone X, which costs a whopping $1,000 in the US. Indeed, few phones, at least their base models, break the four-digit price mark. $1,000 is a lot to as...

Bassam Khabieh/Reuters The U.S. Department of Defense is reportedly still funneling billions of dollars’ worth of Soviet-era weaponry to anti-Islamic State groups in Syria, with questionable oversight. In a joint repor...

The budget airline is cancelling 40-50 flights every day for the next six weeks.

A Career builder survey found that 49% of all workers accept the first offer given to them.

Dear John: Can you explain the gasoline greed? Gas prices spiked when oil dropped by almost 5 percent. As consumers, we are at the mercy of corporate greed. How does this work? J.M. Dear J.M.: It's more investor greed an...

Dear John: You're an a–. You just dug your own virtual grave. You think bitcoin is a joke? Wake up, old man, the world has changed without you. Ron Insana of CNBC just destroyed his reputation over his last bitcoin art...

Flickr/Josiah Mackenzie Neiman Marcus is downsizing its soon-to-be flagship store in Related Companies’ massive Hudson Yards complex. The Dallas-based luxury retailer, which signed a deal to anchor Related’s 1 millio...

Job-searching when you're close to retirement isn't easy. Here's how to take age out of the equation.        

Wisconsin Gov. Scott Walker plans to sign into law a $3 billion incentive package for electronics giant Foxconn Technology Group. Walker announced Sunday that he will sign the bill on …

Your network is no good if you don't actively engage with the people in it. Here's how to maintain those connections and add value to people's lives.

Goldman Sachs has cut its third-quarter GDP forecast following a pair of catastrophic hurricanes. The firm now sees GDP expanding by 2% during the period, down 0.8 percentage points from its previous forecast. Goldman cu...

Columbia Pictures I've never actually seen Groundhog Day — the 1993 film about aPittsburghTV weatherman who finds himself trapped reliving the same day over and over again —but Bill Murray is a legend, and if you hav...

Interview with Chris Ramey, Home Trust International, about what went wrong at PIRCH, an innovator in experiential retail of home appliances, outdoor living and plumbing fixtures. PIRCH has radically retrenched by closin...

Shutterstock Given the age of the housing stock in the U.S., with almost 60% of homes built prior to 1980, Amazon will undoubtedly have an impact on the fix-and-flip market wherever it ultimately decides to build its sec...

The virtual currency's soaring value has set off alarm bells: but its success reflects the continuing lack of trust in traditional banking following the credit crunch When the boss of Wall Street's biggest bank calls a b...

The one-hour delivery option will be available only to Amazon Prime members in London, and will come at a cost